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Why Ooma Stock Is Soaring Today

TheMotleyFool

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Why Ooma Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/871845/businesswoman-speaks-on-phone-and-looks-at-tablet.jpg

Ooma (NYSE: OOMA) announced first-quarter 2027 financial results yesterday after the market closed, and it's clear that investors like what the advanced business communications provider reported. Hiking their price targets on Ooma stock today, analysts were also impressed.

As of 10:19 a.m. ET, shares of Ooma are up 3.7%, retreating from an earlier 13.4% rise.

Image source: Getty Images.

Source Fool.com

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